A recent study conducted by IDC (International Data Corporation) showed that the current business analytics software market will continue to grow worldwide at a average projected rate of 9.7% CAGR (compound annual growth rate).

 

Because of the competitive advantage of faster data analysis and continuing interest in big data, the demand for analytics software will continue to grow.

The in-depth study entitled, “Worldwide Business Analytics Software 2013-2017 Forecast and 2012 Vendor Shares” divides the software market into global regions and 3 primary segments, as well as breaks market predictions into years, and even by vendors. To read more about the study and predicted market growth rates, please click the green button below.

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